Sell volume decreasing, good opportunity to buy. Plus there is a key weekly level at 135 sats, so i dont think it goes below that before any meaningful pullback.
something like that. 4H block on top of a daily possible stop run. This is the last logical place to short bitcoin imo, if we break up from 11k there is no more shorting allowed.
this is going up
i believe we are in a smaller version of a post 20k bubble pop and follow the same structure. According to that belief i see us retesting obvious daily blocks.
Spinning candle at the bottom getting retested -> its a trade to take.
If it plays out i will explain in detail what exactly lead me to see this setup and why i think its a correct play. If it fails - im wrong and there is no need to show the reasoning behind the trade.
Bearish spinning top, price coming back for a retest - i waited to short it and now it seems like we might get a chance so im publishing this idea. Since this is going to be a fairly crowded trade the goal is to get a short anywhere in between 12800-13300 range and not get stopped on a wick. Target is definitely sub 9k, but taking some off at 10k bounce area is...
Wount get into much of a detail, just testing how good is candlestick trading on forex pairs. This 4H looks like a demand.
Buyers stepping in, i think there is too many weak sellers at this point. Targeting full retrace back to previous failed support.
longing the body of a volume up
1 big red weekly to shake them all . Imagine not shorting this slow grind up.
If you think about longing 4k again pplease dont. Market structure literally stayed the same. AS long as corn below 4200 it is bearish on any high time frame. I will short this retest and if we dump i will hold till 3500 at least. If it closes above - you get your bull run, as after 4200 you can easily climb back to above 5k on all the euphoria you will get.
Taking any directional position now is almost flipping a coin. 4k -> 4.1k = no mans land for me. I will short the attempt to get above 4.1 and create a higher high. I dont believe we are done and that we will see 4.4 -> 5.1 numbers that soon. On a positive side you get to long the retest/breakout w/e suits you and ride it pretty high.
Almost perfectly shaped H&S with volume confluence. What else do you want.
looks exactly like btc and 6k unbreachable support. Bounced many many times, always lower and lower. Im ready for big expansion to the downside. Invalidation only if it gets pumped hard. any slow grind back to to the previous will get sold into. Doesnt help the fact that there are H&S pattern on btc and usd pairings. Could really be the toppy omega top. Bitcoin at...
Target - 131.8, might cut earlier if it goes sideways at 133 for hours.
Not taking this one since i have a very appealing bullish scenario (linked). Thing is, my short strategy doesnt work in bullish environment on higher timeframes, so if this one is wrong i will be even more sure in my bullish scenario. BUT if this one plays out it will confirm that we are still in the bear market and new lows are coming. Would be real sad tho.
Taking this trade only because i see a fractal with a 5 day consolidation and we are at day 4 of it . If i dont see a big up move in 1-2 days i will cut /re-evaluate idea and update it here. Bearish scenario have a worse realistic r/r